WHY IS NATIONALIZATION OF MINES DOES NOT MAKE SENSE. Here is just how the ownership of mines is structured. List of major share holders as at 06 Jun 2013 : (Lonmin plc) Glencore Xstrata plc 24.54% Prudential Plc and group companies 8.54% Investec Asset Management (Pty) Ltd 5.27% Legal & General Group Plc 3.99% Ameriprise Financial Inc 3.04% List of major share holders as at 22 Mar 2013 : (African Rainbow Minerals) African Rainbow Minerals & Exploration Investments 40.84% The ARM Broad- Based Economic Empowerment Trust 13.32% Black Rock Inc 9.75% Public Investment Corporation Ltd 5.86% Investec Asset Management Holdings (Pty) Ltd 5.02% List of major share holders as at 31 Dec 2012 : (KUMBA) Anglo American plc 69.70% Industrial Development Corporation of SA Ltd 12.89% Public Investment Corporation 4.10% Impala Platinum Holdings Ltd List of major share holders as at 30 Jun 2012 : Royal Bafokeng Nation 13.20% Public Investment Corporation Ltd 13.00%
Posted on: Sun, 16 Jun 2013 13:12:36 +0000
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